Question 1

What DSCR ratio do I need to qualify?

Accepted Answer

Most lenders want 1.1 or higher. Some will approve at 0.75 with 25-30% down and a 680+ credit score.

Question 2

Can I use Airbnb income for a DSCR loan?

Accepted Answer

Some lenders accept short-term rental income with 12 months of booking history. Most prefer long-term lease income.

Question 3

Do I need to show tax returns or pay stubs?

Accepted Answer

No. DSCR loans qualify based on the property's rental income. Personal income docs are not required.

Question 4

Can I close in an LLC with a DSCR loan?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. It's one of the main reasons investors choose this program.

Question 5

How much down payment do I need in San Juan Capistrano?

Accepted Answer

Plan for 20-25% down. Higher loan amounts or lower DSCR ratios may require 25-30% down.

Question 6

Is a DSCR loan available for a condo in SJC?

Accepted Answer

Yes, but the condo complex must pass a warrantability or non-warrantable review depending on the lender.

DSCR Loans in San Juan Capistrano — Qualify on Rental Income